The Letting Partnership says up to £750 million could be sitting in unclaimed tenancy deposits, sharpening attention on how dormant balances are tracked, reconciled and closed out after a tenancy ends.
The government says it is weighing tougher property-agent regulation and stronger verification checks around approved schemes, with a new code due later this year and consultation on mandatory qualifications planned for 2027.
Housing minister Matthew Pennycook says the 2028 retender of tenancy deposit scheme contracts must prove value for landlords as well as tenants, putting timing and cost scrutiny at the centre of the next procurement round.
Goodlord has chosen Reposit as its exclusive integrated deposit replacement partner, in a move the companies say will give landlords access to higher tenancy security…
New research has revealed the UK cities where landlords encounter the greatest difficulties with tenancy deposits, with Oxford ranking as the most problematic location. A…
UK renters are losing over £700 million annually due to avoidable cleaning-related deductions from their deposits, according to recent data from SpareRoom. SpareRoom, a leading…
A recent study by Reposit, a prominent provider of deposit alternatives, indicates an alarming trend: an increasing number of tenants are having to borrow money…
Newmarket letting agent Frank Smart has been convicted of defrauding landlords of over £80,000 by retaining deposits and rents due them. Smart, who traded as,…
‘Tech-led estate agency’ PurpleBricks, has suffered an IT glitch in its lettings agency business that could cost it £9m. The AIMs listed company admitted this…
A couple of recent appearances on a specialist Sky TV programme have shown me how the legislation around tenancy deposit protection is still being flouted,…
